3M Co. (MMM) Chief Executive Officer Roman Romanelli addressed attendees at the Morgan Stanley 14th Annual Laguna Conference, providing an update on the company's current sales trajectory. Romanelli stated that the company is experiencing strong point-of-sale growth through its distributors.
The CEO noted that this positive momentum in distributor sales is continuing into the third quarter. This trend is cited as a factor supporting the company's expectation of sales acceleration in the second half of the year.
